This phrase is used to mention a person, who is so fucking stupid and is such a retarded cunt that it breaks the bounds of the 5th dimension and shatters a hole through space and time.
The invention of this phrase all started about 7 minutes ago in the middle of an argument in rainbow six siege.
Person 1: Bitch!
Person 2: Fuckwit
Person 1: Cuntwad
Person 2: Nigglytarded waffle fucker
Person 1: what in the shit did i just hear leave your mouth?
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).